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PI Original
by Ellyn Fortino
Fri Nov 13

Top 100 CEOs Have As Much In Retirement Assets As 50 Million U.S. Families

The top 100 U.S. CEOs have as much in their retirement accounts as more than 50 million American families combined, a recent analysis shows. 

PI Original
by Ellyn Fortino
Fri Nov 6

Chicago Students, State Reps. Rally For A CPS Budget Solution (VIDEO)

Chicago Public Schools students rallied Friday evening at the Thompson Center, where they called on Gov. Bruce Rauner and state lawmakers to come to a budget solution in order to avert deep cuts and layoffs at CPS.

PI Original
by Ellyn Fortino
Wed Oct 28

Chicago City Council OK's Budget, Record Property Tax Hike & Lucas Museum

Progress Illinois rounds up the action at Wednesday's Chicago City Council meeting, during which aldermen approved Mayor Rahm Emanuel's 2016 budget — including a $588 million property tax hike — and zoning for the proposed Lucas Museum of Narrative Art.

Quick Hit
by Ellyn Fortino
Tue Oct 27

Emanuel's Proposed Property Tax Hike Could Hit Renters Hard, Report Shows

One day before Wednesday's budget vote in the Chicago City Council, a Northwest Side community group released new research showing that Chicago renters could take a significant hit under Mayor Rahm Emanuel's proposed property tax increase.

Emanuel wants to increase property taxes by a record $588 million over four years to pay for police and fire pensions and school construction. Aldermen are scheduled to vote on the mayor's budget package, including the property tax increase, at Wednesday's council meeting.

A report released Tuesday by Communities United, formerly the Albany Park Neighborhood Council, examined the potential impact of the proposed property tax hike on renters in two-flat buildings across seven North Side neighborhoods.

The grassroots social justice group found that tenants in two-flats on Chicago's North and Northwest Sides could see their rent increase between $50 to $100 a month, or $600 to $1,200 a year, after the property tax increase is fully implemented.